Odaily reported that the Federal Reserve’s latest dot plot shows only 18 of 19 officials submitted interest-rate projections. The dot plot presents individual officials’ views on the future path of policy rates and is used as a public reference for understanding the range of views within the Federal Reserve. It is not, by itself, a formal policy decision.
Nine Officials Point to Higher Rates
Among the 18 officials who submitted projections, nine officials indicated that rate hikes should be taken during the remainder of 2026. One official projected cumulative rate increases of 75 basis points, five officials projected cumulative increases of 50 basis points, and three officials projected cumulative increases of 25 basis points.
The remaining projections showed a split in other directions. Eight officials believed rates should remain unchanged during the remainder of 2026, while one official expected cumulative rate cuts of 25 basis points. The distribution highlights differing views among the officials who submitted forecasts for the 2026 rate path. The information was sourced from Jinshi.